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This is always mentioned as the endgame for uber-style monopolism, but it seems to me that taxis are an extremely difficult market to capture in this way. As so
by WJW 5y ago
This is always mentioned as the endgame for uber-style monopolism, but it seems to me that taxis are an extremely difficult market to capture in this way. As soon as the VC subsidies disappear and prices rise (as they surely must to pay all those SF SWE salaries), anyone with a car will be able to jump back in. You don't even need an app to start, just loiter around busy places.
- halestock 5y agoAre you implying that random people will just start selling rides ad hoc?
- WJW 5y agoNot ad hoc maybe, but if Uber prices would rise a lot I definitely could see a resurgence of the traditional "linger at busy nightlife area" style taxi where you just pay with cash. If the price differential becomes large enough that could draw enough customers back to "normal" taxi drivers.